{
  "id": 6875679,
  "title": "Oracle To Spend Another $700 Million On Job Cuts Amid AI-Led Cash Crunch",
  "url": "https://urgent.news/2026/09/12/oracle-to-spend-another-700-million-on-job-cuts-amid-ai-led-cash",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-12T06:04:51.000Z",
  "source": {
    "name": "NDTV",
    "slug": "ndtv",
    "url": "https://www.ndtv.com/world-news/oracle-to-spend-another-700-million-on-job-cuts-amid-ai-led-cash-crunch-12036303"
  },
  "original_language": "en",
  "account": null,
  "summary": "The company also disclosed a new share trading program for Chairman Larry Ellison, who owns about 40 per cent of Oracle's stock. The plan, which was adopted June 22, permits Ellison to sell 50 million shares through October 24",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Press Journal",
        "title": "Oracle To Spend $700 Million To Expand Job Cuts As AI Data Centre Investments Pressure Cash Flow",
        "url": "https://urgent.news/2026/09/12/oracle-to-spend-700-million-to-expand-job-cuts-as-ai-data-centre",
        "published": "2026-09-12T06:52:05.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}